Huron Consulting Group’s (HURN) Outperform Rating Reaffirmed at Wedbush

Huron Consulting Group (NASDAQ:HURN)‘s stock had its “outperform” rating restated by Wedbush in a report issued on Thursday,Benzinga reports. They currently have a $160.00 price objective on the business services provider’s stock. Wedbush’s target price would indicate a potential upside of 25.33% from the stock’s previous close.

HURN has been the subject of several other reports. Wall Street Zen downgraded Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Weiss Ratings reiterated a “buy (b)” rating on shares of Huron Consulting Group in a report on Thursday, January 22nd. Barrington Research boosted their price objective on shares of Huron Consulting Group from $190.00 to $207.00 and gave the company an “outperform” rating in a report on Monday, January 5th. Finally, Benchmark increased their price objective on shares of Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a research report on Wednesday, December 24th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $205.50.

Huron Consulting Group Trading Down 1.8%

Shares of HURN opened at $127.66 on Thursday. The firm’s 50-day moving average price is $137.51 and its 200-day moving average price is $155.71. The firm has a market capitalization of $2.12 billion, a price-to-earnings ratio of 21.83 and a beta of 0.19. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.93. Huron Consulting Group has a 1-year low of $116.12 and a 1-year high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, February 24th. The business services provider reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.23. The business had revenue of $441.96 million during the quarter, compared to analysts’ expectations of $433.57 million. Huron Consulting Group had a net margin of 6.18% and a return on equity of 28.20%. The business’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.90 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Sell-side analysts anticipate that Huron Consulting Group will post 6.1 EPS for the current year.

Insider Activity

In other news, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $127.68, for a total value of $63,840.00. Following the transaction, the director owned 40,817 shares of the company’s stock, valued at $5,211,514.56. The trade was a 1.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 1,296 shares of company stock valued at $185,796. 2.15% of the stock is owned by insiders.

Institutional Trading of Huron Consulting Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. Fiduciary Management Inc. WI acquired a new position in shares of Huron Consulting Group in the 4th quarter valued at $90,661,000. UBS Group AG boosted its position in shares of Huron Consulting Group by 271.0% during the 4th quarter. UBS Group AG now owns 422,719 shares of the business services provider’s stock valued at $73,092,000 after acquiring an additional 308,770 shares during the last quarter. Principal Financial Group Inc. lifted its position in Huron Consulting Group by 51.8% in the fourth quarter. Principal Financial Group Inc. now owns 476,863 shares of the business services provider’s stock valued at $82,454,000 after buying an additional 162,706 shares during the last quarter. SG Capital Management LLC lifted its position in shares of Huron Consulting Group by 131.8% during the third quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider’s stock worth $36,764,000 after purchasing an additional 142,448 shares in the last quarter. Finally, BloombergSen Inc. lifted its position in shares of Huron Consulting Group by 56.2% during the third quarter. BloombergSen Inc. now owns 365,167 shares of the business services provider’s stock worth $53,596,000 after purchasing an additional 131,365 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors and hedge funds.

About Huron Consulting Group

Huron Consulting Group (NASDAQ:HURN) is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron’s consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.

Huron’s service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.